Identify and explain two ways in which managers could use information obtained in the income statement?

Answers

Answer 1

Answer:

An income statement is one of the three major financial statements that reports a company's financial performance over a specific accounting period.

Explanation:


Related Questions

true or false? checks are documented individually on a deposit slip.

Answers

Answer:

i believe that it is true

Explanation:

Your job pays you $1600per month all taxes combined reduce your pay by 25% your current expenses are $1200 per month you want to join a health club for $75 per month can you afford it

Answers

Answer:

1600 - 25% of 1600 = 1600 - 0.25*1600 = 1200

So after you take 25% of 1600 away from 1600, you're left with 1200

So you are *really* paid $1,200 a month (instead of $1,600 a month) after you take out all taxes.

 

Your expenses are $1,200, so you will have 1200 - 1200 = 0 dollars left over

So you CANNOT afford the health club or any additional expenses. This is assuming you don't rely on a credit card or other forms of loans.

Explanation:

which u.s. currency bill was the largest ever printed for public use?

Answers

Answer:

The $10,000

Explanation:

"The $10,000 bill was the largest-ever printed denomination for the public, making its first appearance in 1918. The face of Salmon P. Chase, Abraham Lincoln's Secretary of the Treasury and Chief Justice of the Supreme Court, graced the front of this large bill."

The $10,000 bill was the largest-ever printed denomination for the public, making its first appearance in 1918. The face of Salmon P. Chase, Abraham Lincoln's Secretary of the Treasury and Chief Justice of the Supreme Court, graced the front of this large bill.

Mark brainliest

during her recent performance appraisal, veasna learned that her manager thinks she has a good attitude and emerging leadership potential. veasna’s manager seems to be using a _____ appraisal.

Answers

An appraisal is used to evaluate an employee's performance on the job. The performance appraisal type that was used when Veasna learned that her manager thinks she has a good attitude and emerging leadership potential is;

360-degree

360-degree performance appraisal is the type where employees who are subjected to performance appraisal are given feedback by the person who performed the appraisal.

We see this in the case of Veasna who received positive feedback from her manager. She can then feel encouraged and work harder.

Summarily, the 360-degree performance appraisal was used for Veasna.

Learn more here:

https://brainly.com/question/15710584

a company that allows you to license software monthly to use online is called

Answers

Answer:

marketable service product

Explanation:

A company that allows you to license software monthly to use online is an example of. ... A company that allows you to license monthly to use online is an example of what these companies consider to be a “marketable service” product.

in markets, prices move toward equilibrium because of

Answers

Answer:

"The market price moves toward equilibrium because of the actions of the buyers and sellers in the market. Suppose there is a surplus in the market which means that supply is more than the demand. ... Similarly, when there is a shortage and price increase and a new equilibrium is achieved."

Explanation:

Yasmine’s boss is very unpredictable. Somedays he is completely open to new ideas and encourages everyone to participate. Other times, he completely shuts down and yells at anyone who tries to offer any new ideas. Which part of Goldberg’s OCEAN model does this BEST demonstrate?

A.
neuroticism

B.
conscientiousness

C.
extroversion

D.
agreeableness

Answers

The part of Goldberg’s OCEAN model does this best demonstrate this personality trait is Agreeableness

Agreeableness is a type of personality trait that includes attributes such as trust, altruism, kindness, etc.

Individuals who are high in agreeableness tend to be more cooperative with other people and when they are low in this trait, they become more competitive, rude, do not care about how other people feel, insults and belittles others etc.

Agreeableness personality attributes are trustworthiness, kindness and when people with this trait are in their low state, they tend to be rude and harsh.

Learn more from

https://brainly.com/question/14852330?source=archive

beginning inventory consists of 4 items at $10 each. during the month, the company purchased 3 items for $11 each and it sold 3 items. using first-in, first-out, the 3 goods sold are assumed to be ______.

Answers

Using the first-in, first-out inventory system, the cost of the 3 goods sold is assumed to be $30.

The first-in, first-out is an inventory system where the cost of good sold would be taken from inventories that were bought the earliest. The cost of ending inventory would be the inventories that were purchased last.

The cost of the 3 units of the goods bought would be the cost of the beginning inventory. The cost of the beginning inventory is $10.

The cost of goods sold = cost of beginning inventory x units sold.

$10 x 3 = $30

To learn more about FIFO, please check: https://brainly.com/question/5101734?referrer=searchResults

Cho started out with one small cupcake shop. Her business has grown so much that she now has two other shops across town. Cho has found that having three locations has greatly increased her production levels. She also notices that the price she pays for supplies (flour, butter, sugar, and packaging materials) has gone down considerably since she can now buy these items in bulk quantities. This exemplifies the principle known as

Answers

Answer:economies of scale

Explanation:

does doja cat deserve her fame? what do you think?

Answers

yes she’s a talented queen
yeah shes good and i feel like she’s very creative

what did the memo entitled , "fatalities associated with crash induced fuel leakage and fires" analyze?

Answers

Answer:

The cost-benefit analysis of producing the Pinto as is or changing its design/components.

Explanation:

In a bid to match the cost effective nature of Japanese cars, Ford decided to produce the Pinto and promised to do so within a certain timeline. This shorter timeline made designing the Pinto harder and led to it having a flaw that made it a fire hazard if it was hit from behind.

Ford could have modified the design or produced it as it was. In order to make this decision, they relied on cost-benefit analysis to tell them the cost of paying for settlements resulting from Pinto crashes vs the cost of improving the car. The memo that showed this was "Fatalities Associated with Crash Induced Fuel Leakage and Fires".

What are the key factors to consider when selecting a payment app?

Answers

Answer:

With that in mind, there are numerous things to think about when selecting one for your needs.

Proper Credit Card Encryption. ...

Ability to Easily Handle Sales, Plus Process Returns. ...

A Report-Generating Feature. ...

Capability to Create Digital Receipts.

Explanation:

employees make greater use of their skills and enjoy more opportunities for professional development in a organization.

Answers

In a decentralized organisation, employee uses more of their skills and enjoy professional development as well.

Decentralized organization is a type of organizational structure where most decisions-making are made by mid or lower level managers.

Under a decentralized organizational structure, the senior management delegates majority of decision making to lower levels in the organization.

In conclusion, employees who works under a decentralized organisation viii make greater use of their skills. Development of professional career will be enjoyed because more freedom are given to them at the workplace.

Learn more about Decentralized Organisation here

brainly.com/question/12653061

1. how many members participate in h&m’s loyalty program worldwide?

Answers

Answer:

H&M now has over 100 million members.

Explanation:

hope it can help

the price elasticity of demand of a straight-line demand curve is

Answers

Explanation:

Elasticity along a straight line demand curve varies from zero at the quantity axis to infinity at the price axis

what is one primary difference between determining cost of goods sold with a periodic system rather than a perpetual system?

Answers

Answer: With a periodic system, cost of goods sold is calculated only once at the end of the period. In contrast, with a perpetual system, cost of goods sold is recorded each time a sale is made.

Explanation:

what is the primary cause of failure for strategic initiatives?

Answers

Strategic initiatives are the ways through which a company translates its goals, objectives and visions into practice.

Raising of brand awareness, Launch of customer-facing retail outlets, Establishment of online channel for sales of products are examples of Strategic initiatives in a company.

The major reason for failure of strategic initiatives is the inability of decision-makers in a company to understand the relevance and how to measure progress.

Therefore, the primary cause of failure for strategic initiatives is ignorance about monitoring of progress.

Read more about this here

brainly.com/question/14778988

Answer:

Improper execution

Explanation:

zoe, a department manager at furniture square, is considering whether to use a group to develop a plan to incentivize employees to sell extended warranties and auxiliary services. zoe should consider having the group make this decision if:

Answers

Considering the situation above, Zoe should consider having the group make this decision if: "It will increase acceptance of the plan."

This is because the main goal of Zoe is to sell extended warranties and auxiliary services.

As a manager, Zoe could create the plan by himself and let the group come in later to execute it.

However, the main goal is to make a plan but to sell extended warranties and auxiliary services.

Hence, Zoe should consider having the group make this decision if "It will increase acceptance of the plan."

Learn more here: https://brainly.com/question/18611057

general mills has a variety of brands in its snacks category, including chex, nature valley, fiber one, and cascadian farm. this represents a

Answers

Answer:don't cheat in this class I will tell ur professor in Bemidji about u

Explanation:

when the government redistributes income from the wealthy to the poor,

Answers

In a Robin Hood effect, income is redistributed so that economic inequality is reduced. For example, a government that collects higher taxes from the rich and lower or no taxes from the poor, and then uses that tax revenue to provide services for the poor, creates a Robin Hood effect.

what is the cost allocation method called that is used for natural resources?

Answers

Answer:

The process of allocating the cost of plant and equipment over the periods they are used to produce revenues is known as depreciation. For natural resources, this process is called depletion, and for intangible assets it is called amortization.

Explanation:

when would sunk costs be irrelevant for current decision making?

Answers

Sunk cost are always irrelevant when making current decisions.

Sunk cost is the cost that has already been incurred and cannot be recovered. Sunk cost should not be considered when making future economic decisions.

An example of sunk cost: A farmer buys a piece of land for $100,000. He plants on the land. Years later, the land becomes infertile. The farmer is considering selling the land. In this question, the cost of the land is sunk cost. The sunk cost is $100,000. The farmer should not consider this cost when determining if to sell the land or not.

To learn more about sunk cost, please check: https://brainly.com/question/17920044?referrer=searchResults

Using the amount of his current paycheck, Miguel created a series of financial goals and strategies. Which type of financial risk might this cause for him in the future?
✅income risk
- interest rate risk
- personal risk
- inflation risk

Answers

The Inflation risk is the financial risk might affect Miguel in the future.

The financial risk are risk that pose the possibility of losing one's money on an investment or business venture.

Here, it is obvious Miguel financial goals and strategies may involve investment with his Current paycheck say $1,000,000.

If he invest in a Money market now which pays 10%, Inflation will cause the purchasing power of the amount e invested to reduce in the future.

Thus, the Inflation risk, also called purchasing power risk is the financial risk that might affect Miguel financial goals and strategies.

Learn more about Inflation Risk here

brainly.com/question/898238

What is an accountant
what do they do for a living

Answers

Answer:

An accountant is a professional who is responsible for keeping and interpreting financial records. Most accountants are responsible for a wide range of finance-related tasks, either for individual clients or for larger businesses and organizations employing them

Explanation:

Which of the following is the best example of a new business that you would see in the economy today?
Multiple Choice
A - Glass manufacturing plant
B -Smartphone production facility
C - Oil refinery
D -Grocery store
E-Subscription-based meal-kit service

Answers

Out of all the given options, there is one business that stands out as something most people might not have even heard of.

This unique and novel business is E. Subscription-based meal-kit service.

Glass manufacturing, oil refinery, grocery store businesses have been operating for the longest time. Smartphone production has also existed for 30 years now.

For the past few years, with the rise of tech industries and tech jobs, urbanites are finding it hard to cook meals and had started eating out or dining at restaurants more often.

Seeing this as an opportunity to serve busy people home-cooked meals, many chefs and food businesses have started something called a cloud kitchen where you simply pay a one-time subscription to get a whole week or even a month's meals.  

https://brainly.com/question/11310612

what is the penalty for filing taxes late if you are owed a refund

Answers

Answer:

There is no penalty for filing after the deadline if a refund is due.

you are the ceo of internet provider commcore communications. it has come to your attention that a school district nearby your headquarters is underpreforming academically and has unmet needa. the district superintendent is seeking help from local companies. You have called a meeting of the board of directors to discuss a llan to addist the school. breifly describe your plan to help.​

Answers

I will try providing the best and latest robotics and gadgets to the school for better studying. You can elaborate it..

for economics students: does anyone have an example of a demand and supply curve diagram for the labour force that is suitably labeled? thanksss :))

Answers

You can refer to the attachment!!

8. One of Hope's coworkers quits, and during the next pay period Hope works 60 hours instead of 40 to help cover
the shifts. Which of Hope's deductions will definitely change as a result?
a. Her Federal tax
b. Her health
C. Her dental
d. Her retirement

Answers

Answer:

A

Explanation:

The aspect of Hope's deductions that will definitely change as a result is Her Federal tax

Federal income taxes are simply known to be collected by the federal government to pay their bills

State taxes are often collected by individual state governments to pay their specific state bills.

Income tax are simply regarded as Taxes on income, both earned in salaries, wages, tips, commissions and also those unearned in form of interest and dividends.

Conclusively, Income taxes can be levied on both individuals and businesses.

Learn more from

https://brainly.com/question/23653684

the executives of great lakes medical center are writing a statement that explains their organization’s core purpose. great lakes medical center is at the strategic formulation step in strategic management.

Answers

Your organization's core purpose statement is a step of Strategic Objectives and Analysis. So the statement presented is False

Strategic management is a term to refers to the process of building a company. In it, all the necessary aspects such as objectives, the public, the market, the mission, among others, are analyzed. This process is generally divided into several steps. Each of the steps is explained below:

Strategic objectives and analysis: In this stage, all the external and internal analysis of the company is carried out to establish its principles.Strategic formulation: In this stage, the goals and objectives of the company are established based on the analysis of the previous stage.Strategic implementation: In this stage, everything that was planned in the previous stages begins.Evaluation and Strategic Control: In this stage, the operation and planning are evaluated and corrections are proposed to improve the weak aspects of the company

According to the above, Great Lakes Medical Center executives who are writing a document to explain the central purpose of their organization are in the Strategic Objectives and Analysis stage. So the correct answer is False.

Complete question:

The executives of great lakes medical center are writing a statement that explains their organization’s core purpose. Great lakes medical center is at the strategic formulation step in strategic management.

True

False

Learn more in: https://brainly.com/question/16289727

Other Questions
Which statement is true of a Prokaryote cell? Please Help !!! What is 42 x 118 In a full equation? Which group of words does the author use to advance the plot through the characters?from Sense and Sensibility CHAPTER IVby Jane Austen "What a pity it is, Elinor," said Marianne, "that Edward should have no taste for drawing." "No taste for drawing!" replied Elinor, "why should you think so? He does not draw himself, indeed, but he has great pleasure in seeing the performances of other people, and I assure you he is by no means deficient in natural taste, though he has not had opportunities of improving it. Had he ever been in the way of learning, I think he would have drawn very well. He distrusts his own judgment in such matters so much, that he is always unwilling to give his opinion on any picture; but he has an innate propriety and simplicity of taste, which in general direct him perfectly right." Marianne was afraid of offending, and said no more on the subject; but the kind of approbation which Elinor described as excited in him by the drawings of other people, was very far from that rapturous delight, which, in her opinion, could alone be called taste. Yet, though smiling within herself at the mistake, she honoured her sister for that blind partiality to Edward which produced it. "I hope, Marianne," continued Elinor, "you do not consider him as deficient in general taste. Indeed, I think I may say that you cannot, for your behaviour to him is perfectly cordial, and if that were your opinion, I am sure you could never be civil to him." Marianne hardly knew what to say. She would not wound the feelings of her sister on any account, and yet to say what she did not believe was impossible. At length she replied: "Do not be offended, Elinor, if my praise of him is not in every thing equal to your sense of his merits. I have not had so many opportunities of estimating the minuter propensities of his mind, his inclinations and tastes, as you have; but I have the highest opinion in the world of his goodness and sense. I think him every thing that is worthy and amiable." "I am sure," replied Elinor, with a smile, "that his dearest friends could not be dissatisfied with such commendation as that and I do not perceive how you could express yourself more warmly." Marianne was rejoiced to find her sister so easily pleased. "Of his sense and his goodness," continued Elinor, "no one can, I think, be in doubt, who has seen him often enough to engage him in unreserved conversation. The excellence of his understanding and his principles can be concealed only by that shyness which too often keeps him silent and you know enough of him to do justice to his solid worth. But of his minuter propensities, as you call them you have from peculiar circumstances been kept more ignorant than myself. He and I have been at times thrown a good deal together, while you have been wholly engrossed on the most affectionate principle by my mother and I have seen a great deal of him, have studied his sentiments and heard his opinion on subjects of literature and taste; and, upon the whole, I venture to pronounce that his mind is well-informed, enjoyment of books exceedingly great, his imagination lively, his observation just and correct, and his taste delicate and pure. His abilities in every respect improve as much upon acquaintance as his manners and person. At first sight, his address is certainly not striking; and his person can hardly be called handsome, till the expression of his eyes, which are uncommonly good, and the general sweetness of his countenance, is perceived. At present, I know him so well, that I think him really handsome; or at least, almost so. What say you, Marianne?" "I shall very soon think him handsome, Elinor, if I do not now. When you tell me to love him as a brother, I shall no more see imperfection in his face, than I now do in his heart." what is the rule for the reflection On Manifest Destiny, by John L. O'Sullivan 1839The American people having derived their origin from many other nations, and the Declaration of National Independence beingentirely based on the great principle of human equality, these facts demonstrate at once our disconnected position as regardsany other nation; that we have, in reality, but little connection with the past history of any of them, and still less with allantiquity, its glories, or its crimes. On the contrary, our national birth was the beginning of a new history, the formation andprogress of an untried political system, which separates us from the past and connects us with the future only, and so far asregards the entire development of the natural rights of man, in moral, political, and national life, we may confidently assumethat our country is destined to be the great nation of futurity,Sullivan is suggesting that the United Stateses )A)will not be truly free without abolition.B)must have a social revolution to become great.c)is meant to expand across the continent and become extraordinary.Dis a nation built on historically successful political practices, guaranteed tosucceed why is the study of taxonomy important to understanding human evolution? this helps us to What two fundamental parts make up a chromosome?1. RNA and collagen proteins2. DNA and histone proteins3. RNA and histone proteins4. DNA and collagen proteins HELPPPPPPPPP ASAPPPPPPPPPPP!!!!!! What I want to learn about Decision making in vote? Simplify: A. 35/6 B. 29/6 C. 12/5 D. 1/6 The graph of F(x) shown below, resembles the graph of G(x) = x2 but it has been charged somewhat. which of the following could be the equation of F(x)? Please help!!! Im stuck!!! Thanks!!!!! Slide 7: What the Prez Says1. Can the bill still become law? The pancreas is the organ in the body that... 4W3. Jenny is having a party. She has onelarge container of soda with 179 ouncesin it. A second container holds 128ounces, but half of it has already beenused. If there are 12 people at the party,how much soda can each person have?1 The colors get hotter and ignite the fall sky, is an example of: PLEASE HELP!!! WILL GIVE BRAINLIEST!!! Part 1 - ApplicationGive a convincing argument with logical explanations that the contrapositive of a conditional is thesame as the converse of the inverse of the conditional Help me plz. I need help with this. I don't get it. plz help me, which president is the only one to serve two non-consecutive terms? will give brainliestWhich expression is equal to 27 ?1472749277727